FTSE 100 rises on lingering Fed rate cut hopes

UK's FTSE 100 rose on Tuesday on persisting hopes of interest rate cuts from the U.S. Federal Reserve and a dovish Bank of Japan (BOJ), though slipping energy stocks kept a lid on gains

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Rate-sensitive real estate, real estate investment trusts and homebuilders were among the top gainers, rising between 0.6% and 0.8%

Source: Freepik

The blue-chip FTSE 100 gained 0.1% as of 0933 GMT, while the more domestically focussed FTSE 250 midcap index added 0.5%

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The BOJ maintained ultra-loose policy settings in a widely expected move

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